R.S.R.Chit Fund Private Limited
About R.S.R.Chit Fund Private Limited
Data last updated:
R.S.R.Chit Fund Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 08 March 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U65991TN1993PTC024558.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.16 Lakh. It is led by directors including Chandrashekaran Ganapathy Raman and Sivarajan Sivasankari.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Old No 178 – 180 New No 54 North Usman Road T Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.86 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹54,651 (net margin -19.1%) and EBITDA of -₹36,600 (EBITDA margin -12.8%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years.
As per MCA filings, the company has satisfied charges of ₹2.01 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
R.S.R.Chit Fund Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOld No 178 – 180 New No 54 North Usman Road T Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of R.S.R.Chit Fund Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of R.S.R.Chit Fund is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of R.S.R.Chit Fund Private Limited, buy the company report.
Financials of R.S.R.Chit Fund Private Limited
FY 2018 filings availableR.S.R.Chit Fund Private Limited reported revenue of ₹2.86 Lakh (down 52% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over three years, including a 52% fall in the latest year. EBITDA fell 31% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Expenses | ||||
| EBITDA | -₹36,600 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹54,651 | |||
| Balance Sheet | ||||
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| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -12.8% | |||
| Net Profit Margin | -19.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of R.S.R.Chit Fund Private Limited, buy the company report.
Board of directors of R.S.R.Chit Fund Private Limited
R.S.R.Chit Fund has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrashekaran Ganapathy Raman | Director | 25 Jul 2003 | 23 Years 2 Months | Current |
| Sivarajan Sivasankari | Director | 25 Jul 2003 | 23 Years 2 Months | Current |
| Edayathumangalam Subramania Sivarajan | Director | 08 Mar 1993 | 33 Years 7 Months | Current |
Peer comparison
R.S.R.Chit Fund Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alwar Micro Finance | ₹2.97 Lakh (FY 2025) | 138.0% | Alwar, Rajasthan, India | |||
| Winpay Micro Sewa Foundation | ₹2.92 Lakh (FY 2024) | 1047.0% | Delhi, India | |||
| Bluehedge Nidhi Limited | ₹2.9 Lakh (FY 2021) | 88.0% | Thrissur, Kerala, India | |||
| R.S.R.Chit Fund Private Limitedthis company | ₹2.86 Lakh (FY 2018) | -₹54,651 | -19.1% | -52.0% | Chennai, Tamil Nadu, India | |
| Head Line Chits Private Limited | ₹2.83 Lakh (FY 2025) | -76.0% | Thrissur, Kerala, India | |||
| Ath India Nidhi Limited | ₹2.81 Lakh (FY 2021) | 492.0% | Patna, Bihar, India |
To see the full peer comparison of R.S.R.Chit Fund Private Limited, buy the company report.
Auditor
R.S.R.Chit Fund Private Limited is audited by VENKAT & RANGAA LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VENKAT & RANGAA LLP | FY 2017 | 004597S |
Shareholding
The shareholding of R.S.R.Chit Fund Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of R.S.R.Chit Fund Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Oct 2015 | 100029639 | Canara Bank | ₹45,000 | Satisfied | |
| 30 Dec 2000 | 90300992 | Canara Bank | ₹1.56 Lakh | Satisfied |
To see the full charge records of R.S.R.Chit Fund Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
R.S.R.Chit Fund Private Limited has 2 court cases on record: 2 filed by R.S.R.Chit Fund. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Chennai, Tamil Nadu | Execution petition | Filed by the company against an individual | Disposed |
To see the full case history of R.S.R.Chit Fund Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for R.S.R.Chit Fund Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for R.S.R.Chit Fund Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
R.S.R.Chit Fund Private Limited has 3 board changes on record since 1993: 3 appointments. The latest: Chandrashekaran Ganapathy Raman was appointed as Director on 25 Jul 2003.
Frequently asked questions
R.S.R.Chit Fund is an active private limited company based in Chennai, Tamil Nadu, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 08 March 1993 (33+ years old) and is registered under CIN U65991TN1993PTC024558.
R.S.R.Chit Fund has 3 current directors:
- Chandrashekaran Ganapathy Raman - Director
- Sivarajan Sivasankari - Director
- Edayathumangalam Subramania Sivarajan - Director
The latest financial statements of R.S.R.Chit Fund on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of R.S.R.Chit Fund is U65991TN1993PTC024558. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
R.S.R.Chit Fund has 2 court cases on record: 2 filed by the company.
R.S.R.Chit Fund was incorporated on 08 March 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of R.S.R.Chit Fund by revenue are Alwar Micro Finance, Winpay Micro Sewa Foundation, Bluehedge Nidhi Limited, Head Line Chits Private Limited, Ath India Nidhi Limited, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Chandrashekaran Ganapathy Raman was appointed as Director on 25 Jul 2003. Sivarajan Sivasankari was appointed as Director on 25 Jul 2003. Edayathumangalam Subramania Sivarajan was appointed as Director on 08 Mar 1993.
The registered office of R.S.R.Chit Fund is at Old No 178 – 180 New No 54 North Usman Road T Nagar, Chennai, Tamil Nadu, India – 600017.
R.S.R.Chit Fund operates in the financial services industry, in the microfinance institutions segment.
R.S.R.Chit Fund has no open charges and satisfied charges of ₹2.01 Lakh as per latest MCA filings.